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1、ArgentinaPoverty,Equality,GovernmentinterventioninmarketsandMacroeconomics.1989-PresentProblems,SuccessesandSuggestionsBriefFactsConsideredadevelopingcountrywithdevelopedsectorsthatarebothregionallyandgloballycompetitiveintrademarkets..Finance,Manufacturi
2、ngAgricultureAccordingtotheUNDP,Argentinawaslistedas‘High’ontheHumanDevelopmentIndexin2007.97%adultliteracy,CompulsaryEducationthrough17,FreeUniversityEducation.LowInfantMortalityRate（69/1000)andHighLifeExpectancy(76)GINIcoefficientof49(VeryHigh)!Economis
3、tIntellegenceUnit2008PovertyandInequalityHistorythroughDataYearGiniCoefficientChangefr.prvs.Year19960.491N/A19970.481-0.0119980.5010.020619990.501-0.000620000.5180.016820010.5250.00720020.5810.05620030.53-0.051UnderthehelpofDomingoCavalloin1991,Argentinaa
4、doptedacurrencyboardinordertoflightoffhyperinflation.Argentina’scurrencywaslargelyovervalued,andoriginally,peoplefrommiddleclassbackgroundsenjoyedincreasedqualityoflifefromincreasedimports.Italsoengagedinmanyfreemarketpolicies,tradeliberalizationanddecrea
5、sedregulation.However,lateroninthedecade,Argentina’smiddleclasssufferedfromadecreaseininternationalcompetitiveness.Hence,inequalityincreasedsubstantially.Fields,Sanchez-Puerta2005PovertyandInequalityHistorythroughData.Distribuciondelingreso,pobreza,ycreci
6、mientoenlaArgentina.ArgentinaMinistryofLabor,PovertyandInequalityHistorythroughData1CIAWorldFactbook,20092Fields,Sanchez-Puerta2005PopulationBelowPovertyLine(%)TheOfficialPovertyLineinArgentinaisderivedfromasubsistencebasketwithavaluegreaterthanthe2USDpov
7、ertyline.2YearPopulationbelowpovertyline(%)ChangefromPrev.Year2000361N/A200137112002371020033710200451.7114.7200544.31-7.4200638.51-5.8200726.91-11.6200823.41-3.5200923.410PovertyandInequalityExplainingthecrisisArgentina’sNationalDebtwas135BillionUSDandgr
8、owing.Governmentattemptedtominimizedebtservicebyengaginginadebtswap.WorkersandforeigndepositorsworriedArgentinawasgettingreadytodefaultonitsdebtsDepositorstookmassiverunsatbanksforfearthebanksholdingsingovernmentbon
